Thursday, 3 September 2015

Why do organisations find difficult for transformation?

Business transformation is a radical change in turnover or profitability or culture change inside the organization.

The Head of the business or CEO's  involvement  is vital for the business transformation initiative.

The following factors contribute to business transformation

1. Compelling need or urge to CEO or head of the organization to transform. This need can be SURVIVAL threat or Pressure from customers or market to be competitive

2. Strong belief in  the future prospects of the business

3. Willingness to learn new and experimental 

4. Buy in from the second level leadership team about the transformation process

5. External Person or Facilitator is required to teach, facilitate, guide and criticize the team 

In the absence of above,the organization finds difficult to pursue any business transformation initiative.